Offshore Australia/NZ News - page 45


Exploration in 2020: The Transition is Yet to Start

Jan 10, 2020

The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells…

Santos Plans Van Gogh Maintenance

Dec 31, 2019

Australian oil and gas producer Santos Ltd said on Tuesday it plans to carry out maintenance between April and August at its offshore production unit that produces Van Gogh crude.'The Ningaloo Vision will be undergoing scheduled dry dock maintenance in Singapore over this period…

Woodside Finalizes Gas Deal with Uniper

Dec 24, 2019

Oil and gas producer Woodside Petroleum Ltd said on Tuesday it has signed an agreement to supply liquefied natural gas (LNG) to German utility Uniper SE for 13 years starting 2021.Under the agreement, Woodside said it would initially supply up to 0…

Shell Makes 'Significant' Gas Find Offshore Australia

Dec 23, 2019

Shell announced a 'significant' gas and condensate discovery in the Browse Basin off the northwest coast of Western Australia, unlocking potential to develop a tieback to Shell's mega Prelude floating liquefied natural gas (FLNG) facility.Drilling of the Bratwurst -1 exploration well…

Equinor Gets Another Approval for Australia Drilling

Dec 19, 2019

Norwegian energy company Equinor has received the second of four approvals needed for offshore exploration in the Great Australian Bight.This week, Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)…

Geoscience Packages Reveal APAC Prospectivity

Dec 12, 2019

French-based geophysical services company CGG reports it has completed JumpStart multi-client geoscience packages for the North West Shelf (NWS) of Australia and the Banda Arc in the Asia-Pacific region, and made both packages available to help…

Neptune Launches Petrel Seismic Campaign

Dec 05, 2019

Neptune Energy announced it has begun seismic surveys in the Petrel field, located in the Bonaparte Basin of Australia, the first substantial investment in Petrel for five years.Neptune, on behalf of the Petrel JV, has entered into a non-exclusive…

Santos Lifts 2025 Production Forecast

Dec 03, 2019

Santos Ltd on Tuesday increased its forecast for 2025 production by 20% underpinned by oil and gas projects it plans to develop in Australia and Papua New Guinea.The company plans to produce 120 million barrels of oil equivalent (mmboe) a year by 2025…

Subsea Tieback Research Hub Opens in WA

Nov 29, 2019

A new research and technology center backed by Chevron and Woodside has been launched at The University of Western Australia (UWA) to study long subsea tiebacks.The Center for Long Subsea Tiebacks laboratory located at UWA will focus on long…

Subsea 7 Wins Julimar-Brunello Contract

Nov 28, 2019

Offshore services company Subsea 7 said it has been awarded a contract from Woodside for the execution of phase 2 of the Julimar-Brunello Project, approximately 200 kilometers offshore North Western Australia.Subsea 7 said its full scope of work will be to design…

Woodside Sees Reserve Base Tripling

Nov 19, 2019

Australia's Woodside Petroleum on Tuesday laid out plans to triple its gas and oil reserve base as it pursues projects worth over $36 billion in Australia, Senegal and Myanmar.Success in those projects would result in its reserve base reaching 3…

Jadestone Buys Operating Stake in Maari

Nov 18, 2019

Independent oil and gas producer Jadestone Energy announced it has entered a deal with OMV to acquire its 69% operational stake in the shallow water Maari project offshore New Zealand for $50 million.The Maari Project is a mid-life producing asset located in permit PMP 38160…

Expro Wins Ichthys LNG Extension

Nov 18, 2019

Oilfield services company Expro reports it has secured a contract extension to supply well test and subsea services for INPEX-operated, Ichthys LNG.The contract will see Expro continue to supply a high rate 175 MMscf/day well testing package…

Digital Technologies Driving Reserves Numbers Up

Nov 15, 2019

Operators have traditionally grown their resources and reserves through acquisition, exploration and producing more from an already-discovered field. Now, digital technologies are helping operators increase reserves.Wood Mackenzie research director…

Neodrill Enters Australian Market

Nov 13, 2019

Pre-rig technology company Neodrill announced it is bringing its CAN (Conductor Anchor Node) technology to Australia and New Zealand. To support this new phase of growth, the role of business development manager for the region has been created…

Current News

Petrobras and Staatsolie Strengthen Energy Collaboration

PRIO Buys Peregrino Oil Field Stake in $1.92B Deal with Sinochem

Mitsubishi Boosts Stake in Petronas’ Malaysia LNG Plant

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

Subscribe for OE Digital E‑News